How Much is My Home Worth in Vermont?
The median price for a house in Vermont is $893,000 as of June 27, 2019. A median-priced unit is $700,000. There have been 93 houses and 16 units sold this year. Of the house sales, 34 were four bedrooms. It takes on average 43 days to sell a house and 44 days to sell a unit. The annual capital growth for homes is 7.88% and units is 6.93%. The 12-month capital growth is -13.10% on houses and 5.11% for units.
The Demand to Supply Ratio or DSR rating puts homes and units as above average. Effectively the market is saying there are more buyers than sellers. Vendors are more often than not getting their asking price. If you were to purchase or invest in a property in Vermont the capital growth should stay ahead of the national average.
House prices and rent returns in Vermont.
- 2 bedroom home No Data Rent per week $400
- 3 bedroom home $884,000 Rent per week $440
- 4 bedroom home $895,000 Rent per week $508
Unit prices and rent returns in Vermont.
- 2 bedroom unit No Data Rent per week $360
- 3 bedroom unit $710,000 Rent per week $473
The gross rental yield for Vermont is 2.56% for houses and 3.30% for units.
Free Real Estate Appraisal Vermont
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate. Research the real suburb profile of Mitcham.
Free Rental Appraisal Vermont
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The O’Brien Real Estate Group manage over 3600 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Property Valuation Vermont
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Campbells Croft Reserve Vermont
Lifestyle in Vermont
Vermont is located 21 kilometres east of the Melbourne business district. There were 10016 residents recorded at the 2016 census. The southern border touches on the Morack Golf Course and Koomba Park. The eastern border runs along the M3 Eastlink tollway. Its neighbouring suburbs include Forest Hill, Mitcham and Wantirna.
Schools in Vermont
There are 7 schools in Vermont.
- Vermont Secondary College Co-educational
- Vermont Primary School Co-educational
- Livingstone Primary School Co-educational
- Vermont South Special School
- Emmaus College Co-educational
- St Timothy’s Primary School Co-educational
- St James Primary School Co-educational